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For Sale

1337 S Austin Boulevard

1337 S Austin Boulevard, Cicero, IL 60804

$580,000
Want $56,000+ of annual cash flow without the headache of replacing electric and plumbing to get there? Welcome to 1337 S Austin, a MASSIVE, condoquality 2flat on the Cicero/Oak Park border, just minutes from Berwyn, Oak Park, and the Blue Line. This is a true, fully permitted gut rehab: allnew plumbing, electrical, windows, appliances, fixtures, cabinetry, and concrete work inside and out. Each unit offers over 1,500 sq ft with gleaming hardwood floors, designer lighting, an elegant electric fireplace, oversized bedrooms with great closets, and separate living, dining, and family/media rooms-perfect for entertaining or working from home. Kitchens are showpieces with premium cabinetry, breakfast nooks, and brandnew appliance packages. Spastyle baths feature dual vanities, fogfree Bluetooth mirrors, and sleek modern finishes. Smart features include a twoway audio/video intercom, inunit laundry (exclusive washer/dryer in the basement), and highefficiency central HVAC. Both units are currently rented at $2,350/month (tenants pay all utilities except water), generating approximately $56,400 in annual income and a solid cap rate at list price, with room to push rents higher. The lower level already has bathroom plumbing/fixtures and wideopen space-offering excellent potential for a future third incomeproducing unit or extended living (buyer to verify zoning/permitting). Outside, enjoy a newly poured concrete patio and walkways, plus a garage space with wallmounted storage and easy street parking. Turnkey, highincome opportunity for investors or owneroccupants looking for a lowm

5
beds

2
baths

3,920.4 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms2

Area & Lot

  • Status For Sale
  • Lot Area3,920.4 Sq.Ft.
  • MLS® ID12521081
  • TypeMulti-Family
  • YEAR BUILT1926
  • School District201

Exterior

  • Garage Space2.0
  • water SourceLake Michigan
  • roofRubber
  • parkingGarage Door Opener, Yes, Garage Owned, Detached, Garage
  • HEAT TYPENatural Gas
  • sewerPublic Sewer
  • SubstructureConcrete Perimeter

Financial

  • Sales Price$580,000
  • Real Estate Tax $9,811/yr
  • Zoning MULTI
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 1337 S Austin Boulevard, Cicero, IL 60804. We are reviewing your request and will be in touch shortly!

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